Australian (ASX) Food and Staples Retail Industry Analysis

UpdatedMar 16, 2026

DataAggregated Company Financials

Companies5

7D-2.3%
3M7.7%
1Y15.9%
YTD8.2%

Over the last 7 days, the Food and Staples Retail industry has dropped 2.3%, driven by Coles Group declining 1.2%. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Australian Food and Staples Retail Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 16 Mar 2026	AU$80.9b	AU$144.8b	AU$2.3b	22.4x	35.6x	0.6x
Wed, 11 Feb 2026	AU$78.1b	AU$143.0b	AU$2.8b	21.4x	28.4x	0.5x
Fri, 09 Jan 2026	AU$75.9b	AU$150.3b	AU$2.8b	25.9x	27.2x	0.5x
Sun, 07 Dec 2025	AU$77.2b	AU$150.3b	AU$2.8b	27.1x	27.7x	0.5x
Tue, 04 Nov 2025	AU$76.6b	AU$150.2b	AU$2.8b	27.3x	27.1x	0.5x
Thu, 02 Oct 2025	AU$76.0b	AU$150.2b	AU$2.8b	28.1x	26.9x	0.5x
Sat, 30 Aug 2025	AU$80.3b	AU$150.2b	AU$2.8b	24.8x	28.5x	0.5x
Mon, 28 Jul 2025	AU$77.7b	AU$150.5b	AU$3.5b	23x	21.9x	0.5x
Wed, 25 Jun 2025	AU$80.3b	AU$150.5b	AU$3.5b	23.7x	22.6x	0.5x
Fri, 23 May 2025	AU$80.8b	AU$149.8b	AU$3.5b	23.9x	22.9x	0.5x
Sun, 20 Apr 2025	AU$79.0b	AU$149.1b	AU$3.5b	23.4x	22.5x	0.5x
Tue, 18 Mar 2025	AU$71.0b	AU$149.1b	AU$3.5b	20.8x	20.2x	0.5x
Thu, 13 Feb 2025	AU$75.8b	AU$147.0b	AU$2.1b	23.1x	36.7x	0.5x
Sat, 11 Jan 2025	AU$74.5b	AU$147.0b	AU$2.1b	22.3x	36x	0.5x
Mon, 09 Dec 2024	AU$75.1b	AU$147.0b	AU$2.1b	22.5x	36.3x	0.5x
Wed, 06 Nov 2024	AU$73.2b	AU$146.9b	AU$2.1b	19.6x	34.8x	0.5x
Fri, 04 Oct 2024	AU$78.8b	AU$146.9b	AU$2.1b	20.5x	37.5x	0.5x
Sun, 01 Sep 2024	AU$84.0b	AU$146.9b	AU$2.1b	19.6x	39.9x	0.6x
Tue, 30 Jul 2024	AU$81.4b	AU$142.8b	AU$1.9b	19.2x	43.2x	0.6x
Thu, 27 Jun 2024	AU$79.7b	AU$142.8b	AU$1.9b	18.8x	42.3x	0.6x
Sat, 25 May 2024	AU$74.2b	AU$142.8b	AU$1.9b	18x	39x	0.5x
Mon, 22 Apr 2024	AU$75.4b	AU$143.9b	AU$2.1b	16.9x	36.7x	0.5x
Wed, 20 Mar 2024	AU$76.7b	AU$143.9b	AU$2.1b	16.9x	37.4x	0.5x
Fri, 16 Feb 2024	AU$80.6b	AU$140.9b	AU$3.7b	18.5x	21.7x	0.6x
Sun, 14 Jan 2024	AU$80.0b	AU$140.9b	AU$3.7b	18.4x	21.6x	0.6x
Tue, 12 Dec 2023	AU$78.9b	AU$140.9b	AU$3.7b	16.8x	21.3x	0.6x
Thu, 09 Nov 2023	AU$77.9b	AU$141.2b	AU$3.8b	16.7x	20.6x	0.6x
Sat, 07 Oct 2023	AU$81.1b	AU$141.2b	AU$3.8b	17.8x	21.5x	0.6x
Mon, 04 Sep 2023	AU$82.6b	AU$141.2b	AU$3.8b	18.5x	21.9x	0.6x
Wed, 02 Aug 2023	AU$88.2b	AU$138.8b	AU$4.0b	20x	22.3x	0.6x
Fri, 30 Jun 2023	AU$89.8b	AU$138.8b	AU$4.0b	20.7x	22.7x	0.6x
Sun, 28 May 2023	AU$86.6b	AU$138.8b	AU$3.9b	20.5x	22x	0.6x
Tue, 25 Apr 2023	AU$89.5b	AU$138.1b	AU$4.0b	22x	22.5x	0.6x
Thu, 23 Mar 2023	AU$86.1b	AU$138.1b	AU$4.0b	21.3x	21.6x	0.6x

Price to Earnings Ratio

21.6x

Thu, 23 Mar 2023

Current Industry PE

Investors are optimistic on the Australian Consumer Retailing industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 35.6x which is higher than its 3-year average PE of 28.7x.

The industry is trading close to its 3-year average PS ratio of 0.55x.

Past Earnings Growth

The earnings for companies in the Consumer Retailing industry have declined 17% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples industry?


AU Market	-2.69%
Consumer Staples	-2.60%
Food and Staples Retail	-2.25%
Drug Retail	0%	0
Big Box Super Stores	0%	0
Food Retail	-2.15%
Food Distributors	-4.50%

Industry PE

Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 31.7x.

Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 18.4% per year.

Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 13.8x.

Forecasted Growth

Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 20% over the next 5 years.
This is better than its past earnings decline of 18% per year.